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Sunoco Logistics Partners L.P. Message Board

  • rjraecek rjraecek Jul 25, 2013 4:43 PM Flag

    increase distribution

    Sunoco Logistics Partners L.P. (NYSE: SXL) (the "Partnership") today announced that Sunoco Partners LLC, its general partner, has declared a cash distribution for the second quarter 2013 of $0.60 per common unit ($2.40 annualized) to be paid on August 14, 2013 to unit holders of record on August 8, 2013. This represents a 5 percent increase over the first quarter 2013 cash distribution of $0.5725 per common unit ($2.29 annualized) and a 28 percent increase over the second quarter 2012 cash distribution of $0.47 per common unit ($1.88 annualized). This represents the thirty-third successive quarter that the Partnership has increased its distribution.

    Sentiment: Strong Buy

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37.99+0.13(+0.34%)Jul 2 4:02 PMEDT